Novatek
NVTK.ME
#563
Rank
$36.18 B
Marketcap
$11.76
Share price
-0.02%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Novatek (NVTK.ME)

Operating Margin as of July 2024 (TTM): 43.72%

According to Novatek's latest financial reports and stock price the company's current Operating Margin is 43.72%. At the end of 2021 the company had an Operating Margin of 43.33%.

Operating Margin history for Novatek from 2012 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
202143.33%137.99%
202018.21%-84.34%
2019116.26%323.14%
201827.48%-20.22%
201734.44%-39.94%
201657.34%193.23%
201519.55%32.34%
201414.78%-67.87%
201345.99%12.55%
201240.87%-46.71%
201176.69%75.69%
201043.65%20.82%
200936.13%0.18%
200836.06%-11.75%
200740.87%5.52%
200638.73%-20.48%
200548.70%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.